In the past two years alone, Audible has inked rich, multiyear deals with the production companies of stars like Kerry Washington, Issa Rae, George Clooney, Lena Waithe, Laura Dern, Queen Latifah, LeBron James and Kevin Hart. Many of the partnerships represent the first creative entry into audio for talent who have traditionally found success in film and TV.
The British Museum N.F.T.s launched at a time when fewer people could physically access the museum because of the pandemic. “They realized that N.F.T.s were perfect marketing tools to reach these communities they were not reaching so far,” Beaucamps said. The museum gets a commission on each N.F.T. sale as well as a percentage of the secondary-market fees.
Netflix is expected to add 31 million subscribers globally between 2021 and 2027 despite losing 4 million in North America, according to the latest projections from Digital TV Research. However, that 31 million gain — for an estimated 253 million total subs by 2027 — is 29 million fewer than the researcher projected just three months ago, in February.
Netflix is going live for the first time. It plans to roll out the capability, which Netflix confirmed was in the early stages of development, for its swathe of unscripted shows and stand-up specials. It would mean that Netflix would be able to use it for live voting for competition series and talent contests such as its upcoming dance competition series Dance 100 from The Circle producer Studio Lambert.
The RIAA has gone platinum. The recorded-music business trade organization — which awards gold and platinum certifications, among other functions — celebrates its 70th anniversary this year, and the traditional gift to mark that milestone just happens to be platinum.
Spotify is testing a new feature that allows artists to promote their NFTs on their profiles, the company confirmed to TechCrunch on Monday. The company says the new option is available for a “very small group of artists.” Users who are part of the test will be able to preview a select number of NFTs via an artist’s profile page. Users can then learn more about a specific NFT and choose to purchase it through an external marketplace.
The richest man on the planet has just shared some controversial takes on copyright and the DMCA. Elon Musk, who might take over Twitter, believes that the current copyright term goes “absurdly far” in protecting creators. In addition, he characterizes the “overzealous” DMCA as a “plague on humanity.”
After entertainment companies announced suspensions of new business in Russia, the government faced key questions: What happens when the supply of new movies and music runs dry and existing licensing agreements for older content expire? It appears that the Kremlin has a plan for ‘enemy’ content but according to legal video platforms in Russia, it will effectively legalize piracy.
According to the FT, citing people familiar with the talks between the band and the companies, the price of the deal, if agreed, has the potential to exceed what Sony Music paid for Bruce Springsteen’s recorded music and publishing catalogs in music’s first $500-plus million artist catalog deal.
Web3 is poised to shake up every stage of film production, from financing through to distribution—and there are filmmaking pioneers already making use of Web3 to fix long-standing problems with the industry. Cryptocurrency and blockchain are intertwined with the world of finance, so it’s not surprise the first area where crypto has made its presence felt is in raising funds to produce films.